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Am I allowed to do this?
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tranmereforever
Posts: 823 Forumite
Hello all,
I posted yesterday that I had funding in place- to be received Jan 2013 to work for a year as a private fundraiser, this is on a fairly good salary/ bonus package
My question is am I allowed to take a few people on now at a lower level ( part time basis ) with the guarantee of there money back in Jan 2013 ( +4% interest )
The reason giving it away in effect for "free" is that it would enable me to develop links/ publicity for the scheme while covering my costs while I did so and for the person buying they would get the service while also gaining interest on it
If I was to do this would I still have to pay tax on it etc?
I posted yesterday that I had funding in place- to be received Jan 2013 to work for a year as a private fundraiser, this is on a fairly good salary/ bonus package
My question is am I allowed to take a few people on now at a lower level ( part time basis ) with the guarantee of there money back in Jan 2013 ( +4% interest )
The reason giving it away in effect for "free" is that it would enable me to develop links/ publicity for the scheme while covering my costs while I did so and for the person buying they would get the service while also gaining interest on it
If I was to do this would I still have to pay tax on it etc?
July 2015 Wins- Shaun The Sheep Goody Bag, 4x Books
Year to date: £786
Total to date ( Since 2008 ) = £37,345 :eek:
Year to date: £786
Total to date ( Since 2008 ) = £37,345 :eek:
0
Comments
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I think you've had no answers as your post makes no sense at all to anyone other than you. I'm sure you know what you mean, but start again from the very beginning and explain it properly. What people? Why would people you 'take on' (employ?) give you money to be repaid in 2013? people earn interest on your service? pay tax on 'it' - what is 'it'? what on earth are you talking about?
To be honest I even looked at your post from yesterday and it still makes no sense, and I work with charities!Cash not ash from January 2nd 2011: £2565.:j
OU student: A103 , A215 , A316 all done. Currently A230 all leading to an English Literature degree.
Any advice given is as an individual, not as a representative of my firm.0
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